2025 Regional Retail Security 
PYMNTS
JULY 5, 2020
The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 Bloomberg reported America’s largest internet corporations are eyeing Asia where the region is exploding with smartphones and tech-savvy residents.
PYMNTS
JULY 1, 2020
billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. The department store retailer also recognized an $80 million long-lived asset impairment charge, according to a first-quarter financial results announcement. Macy’s Inc.
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PYMNTS
MARCH 24, 2017
The number of smartphone users in the region is anticipated to surpass 257 million by 2020; likewise, Southeast Asia’s internet economy is projected to become a $278 billion market by 2025. Tencent has also made major bids to expand into the region. Australian retailers are naturally concerned.
PYMNTS
JULY 23, 2020
Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. The potential impact of the crisis on open banking’s future in the region is a different story, however.
PYMNTS
MAY 10, 2018
Mobile payment capabilities are on the forefront of retail executives and tech staff. In a survey by Zynstra , some 65 percent of retailers said they pegged mobile payments as their top priority for in-store technology, Chain Store Age reported. As a result, the region can be an “early adopter” of the technology. Mobile Wallets.
PYMNTS
MARCH 28, 2017
Not everything has progressed smoothly for the online retail giant as of late. The online retail giant has reportedly delayed the public opening of Amazon Go due to technical difficulties with its “Just Walk Out” system. Southeast Asia’s internet economy is projected to become a $278 billion market by 2025.
PYMNTS
MAY 8, 2020
consumers more frugal, but other individuals are still turning to retail therapy to cope with stresses. billion by 2025, according to one study. Online betting services in the region are now even exploring depositing such sums directly into digital wallet applications on users’ mobile devices. reaching a value of $102.9
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